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Shady Knoll 1503-1521 Cassell Ln

10 Unit Apartment Building $2,250,000 ($225,000/Unit) Bedford, VA 24523

Investment Highlights

  • 10 units, each offering spacious living and modern conveniences.
  • Each unit has separate utilities.
  • All even numbered units have a basement and all odd numbered units are on a slab.
  • Each unit boasts 3 bedrooms, 2 full bathrooms, comfortable carpet and durable vinyl flooring throughout, and private driveways.
  • Units offered in this sale are 1503, 1505, 1507, 1509, 1511, 1513, 1515, 15/17, 1519, &1521

Executive Summary

Welcome to this impressive duplex property package featuring a total of 10 units, each offering spacious living and modern conveniences. Situated in a serene neighborhood, this property is perfect for investors seeking quality and comfort. Each unit boasts 3 bedrooms, 2 full bathrooms, comfortable carpet and durable vinyl flooring throughout, and private driveways, ensuring hassle-free parking for residents. Additionally, each unit has separate utilities, offering tenants independence and control over their living expenses. This property is ideally located in Bedford, VA, making it highly attractive for renters looking for a blend of modern living and accessibility. Whether you're looking to expand your investment portfolio or seeking a place to call home, this duplex with its 10 well-appointed units is a rare find in today's market. Don't miss out on this opportunity to own a property that combines comfort, convenience, and potential for growth.

Property Facts Under Contract

Price $2,250,000
Price Per Unit $225,000
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 5.49 AC
Building Size 29,040 SF
Average Occupancy 90%
No. Stories 2
Year Built 2003
Opportunity Zone Yes

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Carpet
  • Basement
  • Vinyl Flooring

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 10 - 1,327

zoning

Zoning Code R-2
R-2
  • Listing ID: 32464992

  • Date on Market: 7/15/2024

  • Last Updated:

  • Address: 1503-1521 Cassell Ln, Bedford, VA 24523

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